Retail turnover in June grows strongly led by fuel and supermarket sales
Economic sentiment remains stable as retail confidence materially improves
Employment balance year-to-date posts record despite more departures in July
Fitch upgrades Greek rating to 'BB-', three notches from investment grade
Retail index jumps 5.3 pct in May led by fuel and supermarket sale
S&P revises outlook to positive, sees encouraging signs after debt deal
S&P raises core Greek banks’ ratings, with a stable outlook
Standard & Poor’s raised on Tuesday evening the four core Greek banks’ ratings to ‘CCC+/C’ from ‘SD,’ with a stable outlook, in the wake of capital controls being relaxed.
The ratings agency notes that the most important easing measure concerns new cash deposits that can be withdrawn without any restrictions and could allow for cash deposits to be brought back into the banking system. However, it expects only some minor d...
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